Feasibility of Hybrid Water Tariff Model for Sustainable Cost Recovery at a Federal Tertiary Institution in Akure, Ondo State, Nigeria

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Observational analysis of a hybrid pricing system improves financial sustainability in Akure, suggesting future models for similar institutions.

Implementing a hybrid pricing system could generate ₦165.5 million yearly from 20,000 users, exceeding annual costs.
Regression showed that fairness of pricing and income are key predictors of willingness to pay for water infrastructure.
ANOVA results indicated that 67.2% of customers preferred flat-rate tariffs, significantly influencing water consumption preferences.
Sustainable water costs of ₦515,100,000 annually support equity for 59.4% of the university's water-dependent population.

Obiora-Okeke et al. (2025) studied this question.

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Observational analysis of a hybrid pricing system improves financial sustainability in Akure, suggesting future models for similar institutions.